Toronto stocks moved up sharply Friday, as strength in the information technology sector led a broad rally to close the week, and the Canadian dollar moved higher against its U.S. counterpart.

The S&P/TSX composite index gained 108.23 points, or 0.77%, to 14,233.34.

The benchmark index kicked off October with see-saw week, gaining nearly 1% in five days. It jumped 1.5% in the last two sessions.

All but one of the 10 TSX main sub-groups finished higher Friday.

The information technology index surged ahead 2.87%.

Research in Motion shares gained $11.30, or 11.27%, to $111.60 on a strong quarterly earnings report.

The materials index advanced 0.85%, while the gold sub-sector fell 0.08%

Gold for December delivery gained $3.40 to close at US$747.20.

Kinross Gold Corp. gained 13¢, or 0.87%, to $15.

The energy index fell 0.08%,

Light, sweet crude for November delivery closed 22¢ lower at US$81.22.

Nexen Inc. moved up 8¢, or 0.26%, to $30.60.

The S&P TSX/Venture composite index gained 22.91 points, or 0.81%, to 2,857.57.

The Canadian dollar rose 1.68¢ to US$1.0194, after Canadian employers hired three times more workers in September than predicted, with the unemployment rate unexpectedly falling to a 33-year low of 5.9%.

A majority of Bay Street economists now forecast the Bank of Canada will leave its key interest rate steady at 4.5% for the rest of the year.

New York, the Dow and the S&P 500 surged to all-time highs after a solid employment report rekindled investor optimism about the U.S. economy.

The Dow Jones industrial average gained 91.70 points, or 0.66%, to close at 14,066.01, and the S&P 500 moved up 14.75, or 0.96%, to finish at 1,557.59.

The Nasdaq composite index gained 46.75, or 1.71%, to 2,780.32.

For the week, the Dow rose 1.2%, the S&P gained 2% and the Nasdaq advanced 2.9%.